Lee Cheol-woo, Governor of Gyeongbuk Province, "The only house owned is the 'Guro-gu Apartment' under my wife's name"

"Explanation on Gimcheon House: Agricultural Property with Official Land Price of 17.9 Million KRW, Jointly Owned by Siblings, Previously Lived by Ancestors"

[Image source=Yonhap News]

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Dong-wook] On the 8th, Lee Cheol-woo, Governor of Gyeongbuk Province, addressed reports in the media identifying him as one of the nationwide metropolitan local government heads holding multiple homes, stating, "The apartment in Guro-gu, purchased during my time as a member of the National Assembly for my life in Seoul, is practically the only house I own."

In a "Clarification Statement Regarding Media Reports on Multiple Home Ownership," Governor Lee explained, "I own a detached house located in Gammun-myeon, Gimcheon City, and an apartment in Guro-gu, Seoul, which is registered under my spouse's name."

He added, "The detached house in Gimcheon is our ancestral home where our family has lived for generations. It is a farm house with a publicly assessed land value of only 17.9 million KRW, inherited from my late father," emphasizing, "It is effectively co-owned by my siblings, making it impossible to exercise property rights individually."

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